BBR HOLDINGS (S) LTD
ANNUAL REPORT 2015
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(cont’d)
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Financial liabilities are recognised when, and only when, the Group becomes a party to the contractual
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or losses arising from changes in fair value of derivatives are recognised in the statement of comprehensive
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2.20 Provision
Provisions are recognised when the Group has a present obligation (legal or constructive) as a result of a past
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(b)
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The estimated liability for leave is recognised for services rendered by employees up to statement of
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(c)
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Eligible employees of the Group may be granted performance share awards which will be released
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